Background Sell Downloadable Products Online
Of All of the ways of Creating blog content, my Strategy is To make and sell electronic products like learning layout templates and materials. I’ve found that it is extraordinarily more rewarding than running ads from networks such as AdSense, and self-made products convert at a greater rate than an affiliate product that somebody else created. The service I use to ease this can be Payhip, and this post I will be discussing what I both like and dislike about the ceremony based on my Payhip expertise for a seller for two + years. Sell Downloadable Products Online
My Payhip Expertise
If you have ever wanted to market products Through your own site, you’ll need a way to facilitate trades — some sort of infrastructure which will enable a customer to select your product, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that gives users with options and the tools for hosting and selling products directly to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform differs, and I’ve used a few of them previously.
Having A platform that is easy to use and one that doesn’t take a huge amount of my valuable time is of utmost significance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a digital item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Your product and Buy Now buttons on your own site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain current with your goods, and much more.
- Instant digital merchandise delivery via email link to customers.
What I Like About Payhip
Let us get to the details. Following my 2 year Payhip experience, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a customer makes a purchase, the money is instantly available on your account, and if you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. Sell Downloadable Products Online
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets old. It’s also good to wake up in the morning, reach for your phone, and also see you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers card using Stripe, there’ll be a three day hold before the cash is available. This is Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
Among the things that Payhip originally sold me on is that there is no Monthly fees or setup charges — just a simple flat charge of 5% per sale.
This was attractive to me in 2016 Since, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive I was going to always sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end Provides an page That lets you see transactions and earnings amounts relative to the day, week, month, year, or some other specified range. On top of that, it is a simple and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face can be somewhat overwhelming, and a lot of it’s largely useless too. Payhip just gives you what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is Promotions to conduct by producing coupon codes.
The codes can be for any percentage you’d Enjoy and for any (or all) products. They can run for any length you’d like (or even permanently,) along with the code itself may even be customized to whatever series of text you would like.
I have found this to be useful. Occasionally I will run a weekend marketing, place it on Facebook boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People truly do respond to limited time offers. Sell Downloadable Products Online
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and you can grant, someone purchases a product with their customized affiliate link.
This is useful because it allows other people To market your products the commissions paid will be well worthwhile and if they have an audience of their own and a stage they can tap to.
Easy Integration with Email Marketing
You’ll be if you are into advertising Able to incorporate Payhip along with your email marketing supplier that is chosen so that a purchase is made, the email address of the purchaser could be added to a listing that is chosen.
That is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip postage the purchaser’s email address into the top left corner of each page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Publication make it publicly available for free they will need to be fine with their private email address being publicly accessible. I think that’s a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is not Only a marketplace for ebooks — It’s possible to upload virtually any sort of digital file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site looks. People generally don’t trust websites that look outdated, myself included. If a website looks like it hasn’t been updated since the net 2.0 days, I start to wonder if perhaps I’m in an abandoned construction and placing my payment info to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a very contemporary and easy design. This is what you’d expect a checkout page by a trustworthy company if you should purchase a product on the internet. Sell Downloadable Products Online
Another thing that I like about Payhip is its own Overall simplicity. From the very moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I really enjoy about Payhip is That they do not store customer payment information, meaning your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way because they’re large, successful companies with a lot of money.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a program. It would be convenient to have the ability to open an app and have a look during my data while I am out and about. You can log in to the website and do this, but the website is optimized for mobile devices.
I enjoy Payhip, but that is a very Bad look in 2018. There’s no reason you should not have a website optimized for cellular, and when you’ve got that, you ought to be able to easily turn the site itself right into it’s own program so users don’t have to manually register in each time they would like to check sales information. Permit users of Payhip experience a much better platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability that is Extra to indicate Other products. If they’re buying a bundle of templates for $5, then I could provide a package of business card templates for a few bucks, or propose. This is something that websites like VistaPrint and Amazon do.
I can not help but feel as though there’s a lot of money Table — for both myself and Payhip — with no operation. This may improve the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located at London, they’ve BST was set to by the timezone for the website. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I left 0 sales for the day because Payhip thinks it’s midnight and its information reflects that.
This is largely a non-issue, but I Would love to observe the ability to adjust the site. Sell Downloadable Products Online
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although code feature earlier.
As it now stands, the only promotion You’re able to run via a voucher code is for a percent off. Ideally, I’d love to have the ability to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to place a $27 product Available for $10, do the math to determine what percentage off would render the final cost and I must break out the calculator. I believe this is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To how many copies of market or your product could be, Insert a limit amount sold.
- Create a license key that is unique for all your product/eBook sales.
How much does it cost?
Payhip will Cost you to set up or host your digital products. The site takes just 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a customer, but whether you should use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. However, in case you sell a product that is high-ticket or have a massive audience and know that you’ll be doing at least $ 1,000 in sales each month, you might want to look into something most cost effective.
As of the date of the writing, Payhip works On a set fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling less than $1,000 per month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling into the thousands, you are probably going to want to go with Gumroad or look into another alternative. That is all dependent on the number of transactions it takes to reach those sales numbers so be certain that you crunch the numbers.
Personally, I love the Payhip Expertise and am very grateful for their solutions. I want to see them continue to grow and succeed. Sell Downloadable Products Online